A Type of Bond That Is Generally Issued by Corporations

question 15

Multiple Choice

A type of bond that is generally issued by corporations in foreign countries, but is no longer issued by U.S. corporations is called a:

• A) registered bond.
• B) bearer bond.
• C) registered coupon bond.
• D) serial bond.
• E) mortgage bond.

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Definitions:

Financial Reports

Documents that communicate an organization's financial status to stakeholders, including income statements, balance sheets, and cash flow statements.

Special Memos

Documents used within an organization to communicate unique or unusual transactional information that doesn't fit the regular documentation processes.

External Users

Individuals or entities outside of a company who have an interest in the financial information of that company, such as investors, creditors, and regulatory agencies.

Financial Accounting

The field of accounting that focuses on preparing financial statements for external users, such as investors, creditors, and regulatory agencies.